Perpetual Equity Investment Co. Ltd. (PIC) AI Stock Analysis

• Market Cap: AU$471.95M
• Dividend Yield: 6.32%
• Average Volume (3M): 344.26K
• Price to Earnings (P/E): 38.8
• Beta (1Y): 0.48
• Revenue Growth: 86.21%
• EPS Growth: -44.46%
• Country: AU
• Employees: N/A
• Sector: General
• Sector Strength: N/A
• Industry: Asset Management
• EPS (TTM): N/A
• Shares Outstanding: 385,264,400
• 10 Day Avg. Volume: 352,219
• 30 Day Avg. Volume: 344,257
• PEG Ratio: -0.84
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 8.28
• P/FCF Ratio: 14.88
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: AU$1.50 ▲(21.95% Upside)
• Action: Downgraded
• Date: 08/26/26

Positive Factors

Debt-Free Balance Sheet

A debt-free structure limits financial risk, interest burden and refinancing exposure. The large equity base gives PIC resilience through market cycles and preserves flexibility to maintain distributions without relying on external borrowing.

Negative Factors

Volatile Revenue and Margins

As an investment company, reported results are exposed to portfolio movements and realised gains, making earnings less predictable than operating businesses. Continued revenue and margin volatility can complicate dividend planning and reduce confidence in durable profitability.

Perpetual Equity Investment Co. Ltd. Business Overview & Revenue Model

Company Description

Perpetual Equity Investment Company Limited (PIC) is an Australia-based listed investment company that invests in a concentrated portfolio of Australian and global securities. The company's objective is to provide investors with a growing income s...

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Perpetual Equity Investment Company Limited (PIC) is an Australia-based listed investment company that invests in a concentrated portfolio of Australian and global securities. The company's objective is to provide investors with a growing income s...

How the Company Makes Money

PIC makes money primarily through investment returns generated from its actively managed portfolio of Australian listed equities. Its key earnings sources are: (1) Dividends and distributions received from portfolio holdings, which contribute to n...

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PIC makes money primarily through investment returns generated from its actively managed portfolio of Australian listed equities. Its key earnings sources are: (1) Dividends and distributions received from portfolio holdings, which contribute to n...

Perpetual Equity Investment Co. Ltd. Financial Statement Overview

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	17.81M	54.77M	30.80M	43.59M	20.25M	113.37M
Gross Profit	15.20M	48.40M	30.80M	41.58M	80.84M	106.35M
EBITDA	36.85M	13.98M	25.04M	35.88M	73.55M	-32.37M
Net Income	28.26M	12.08M	21.72M	28.56M	55.01M	-17.91M
Balance Sheet
Total Assets	507.58M	477.75M	499.11M	503.06M	492.75M	457.90M
Cash, Cash Equivalents and Short-Term Investments	8.17M	29.80M	27.38M	483.22M	36.61M	22.31M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	23.70M	16.15M	21.57M	19.51M	10.18M	8.35M
Stockholders Equity	483.88M	461.60M	477.54M	483.55M	482.56M	449.55M
Cash Flow
Free Cash Flow	-398.50K	30.45M	43.32M	2.75M	-1.59M	-18.75M
Operating Cash Flow	-398.50K	30.45M	43.32M	2.75M	-1.59M	-18.75M
Investing Cash Flow	0.00	0.00	0.00	0.00	37.88M	19.24M
Financing Cash Flow	-20.95M	-28.03M	-27.73M	-27.57M	-21.99M	-17.29M

Perpetual Equity Investment Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.23
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PIC, the sentiment is Positive. The current price of 1.23 is above the 20-day moving average (MA) of 1.21, above the 50-day MA of 1.19, and above the 200-day MA of 1.19, indicating a bullish trend. The MACD of 0.01 indicates Positive momentum. The RSI at 55.27 is Neutral, neither overbought nor oversold. The STOCH value of 15.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PIC.

Perpetual Equity Investment Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PAC	70 Outperform	AU$321.59M	-8.37	-12.50%	4.26%	-82.27%	-146.64%
L1G	69 Neutral	AU$3.38B	21.84	49.77%	0.92%	586.06%	463.96%
MFG	67 Neutral	AU$3.15B	12.55	14.31%	5.99%	-12.42%	-36.36%
MFF	67 Neutral	AU$3.16B	19.56	6.21%	3.67%	44.63%	-63.30%
MIR	63 Neutral	AU$580.47M	44.48	2.07%	4.06%	45.10%	44.28%
PIC	60 Neutral	AU$471.95M	38.77	2.56%	6.56%	86.21%	-44.46%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

Perpetual Equity Investment Co. Ltd. Corporate Events